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Tata Group, Airtel plan to merge their DTH businesses: Report
short by Mansi Agarwal / on Tuesday, 25 February, 2025
Tata Group and Bharti Airtel are finalising a merger of their DTH businesses, Tata Play and Airtel Digital TV, the ET reported. Both operations are reportedly being valued "more or less equally" at around ₹6,000-7,000 crore. Airtel is expected to hold 52-55% in the merged entity, while Tata Play shareholders, including Walt Disney, will hold 45-48%, the report said.
read more at Reuters